🤖 AI Insight

Based on the provided technical analysis for YFIUSDT token on a 1-hour chart:

Price: $4,601
EMA7: $4,622.7996075854
EMA25: $4,658.5122273598
RSI14: 36.552206821784
MACD: -21.903219473445
Resistance: $4,781
Support: $4,508
Average Volume: $9.1453881
Volume Trend: Decreasing

Your entry points considered as a trader:

1. Long entry (Buy): When the price crosses above the EMA25 and RSI levels indicate oversold conditions (looking for RSI below 30). You can place a buy order at the best buy price:

Best Buy Price: $4,508 (Support level)

2. Short entry (Sell Short): When the price crosses below the EMA7 and RSI levels indicate overbought conditions (looking for RSI above 70). You can place a sell order at the best sell price:

Best Sell Price: $4,622.7996075854 (EMA7 level)

Considering the current trend, when a breakout occurs either above resistance ($4781) or below support ($4508) along with suitable entry conditions (oversold or overbought conditions), it is advisable to place your orders:

Long Entry: Once YFI breaks above $4781 and RSI falls below 30, consider buying.

Short Entry: Sell Short YFI when it breaks below $4508 and RSI rises above 70.

Remember to continuously monitor both price and RSI levels. Additionally, be cautious of potential stop-loss levels to limit potential losses. Effective trading relies on both price action signals and technical indicators analysis.